Public Employees Retirement System of Ohio Makes New $736,000 Investment in Postal Realty Trust, Inc. $PSTL

Public Employees Retirement System of Ohio bought a new position in Postal Realty Trust, Inc. (NYSE:PSTL) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 29,872 shares of the company’s stock, valued at approximately $736,000. Public Employees Retirement System of Ohio owned 0.11% of Postal Realty Trust at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC raised its holdings in shares of Postal Realty Trust by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 580,563 shares of the company’s stock valued at $9,373,000 after acquiring an additional 11,230 shares in the last quarter. CSM Advisors LLC lifted its stake in Postal Realty Trust by 21.3% in the fourth quarter. CSM Advisors LLC now owns 470,745 shares of the company’s stock worth $7,598,000 after acquiring an additional 82,545 shares during the period. Invesco Ltd. grew its holdings in Postal Realty Trust by 1,041.2% during the 4th quarter. Invesco Ltd. now owns 450,333 shares of the company’s stock worth $7,268,000 after acquiring an additional 410,871 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Postal Realty Trust by 5.0% during the 1st quarter. Renaissance Technologies LLC now owns 444,155 shares of the company’s stock worth $8,244,000 after acquiring an additional 21,125 shares in the last quarter. Finally, Millennium Management LLC increased its position in Postal Realty Trust by 313.7% during the 1st quarter. Millennium Management LLC now owns 378,517 shares of the company’s stock valued at $5,405,000 after purchasing an additional 287,027 shares during the period. Institutional investors own 57.89% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on PSTL shares. Zacks Research lowered shares of Postal Realty Trust from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Truist Financial lifted their price objective on shares of Postal Realty Trust from $23.00 to $25.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. JPMorgan Chase & Co. upped their target price on Postal Realty Trust from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, August 26th. Weiss Ratings reissued a “buy (b)” rating on shares of Postal Realty Trust in a research report on Friday, July 10th. Finally, Scotiabank restated an “outperform” rating on shares of Postal Realty Trust in a research note on Tuesday, September 1st. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $24.38.

Postal Realty Trust Stock Down 0.3%

Postal Realty Trust stock opened at $23.62 on Thursday. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.50 and a quick ratio of 1.50. The stock has a market capitalization of $652.47 million, a price-to-earnings ratio of 43.75 and a beta of 0.79. Postal Realty Trust, Inc. has a 1-year low of $14.25 and a 1-year high of $25.22. The business has a fifty day moving average price of $23.56 and a 200-day moving average price of $22.17.

Postal Realty Trust (NYSE:PSTL) last announced its earnings results on Tuesday, August 4th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.01. Postal Realty Trust had a return on equity of 4.63% and a net margin of 16.42%.The firm had revenue of $28.58 million for the quarter, compared to the consensus estimate of $26.27 million. Postal Realty Trust has set its FY 2026 guidance at 1.410-1.430 EPS. Equities research analysts forecast that Postal Realty Trust, Inc. will post 1.23 EPS for the current fiscal year.

Postal Realty Trust Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were paid a dividend of $0.245 per share. The ex-dividend date was Friday, August 14th. This represents a $0.98 dividend on an annualized basis and a dividend yield of 4.1%. Postal Realty Trust’s payout ratio is presently 181.48%.

Postal Realty Trust Company Profile

Postal Realty Trust is a real estate investment trust that acquires, owns and manages single-tenant commercial properties net-leased primarily to the United States Postal Service and other government agencies. The trust focuses on facilities that support mail processing, distribution and retail operations, targeting assets that offer long-term, inflation-protected lease structures.

The company’s portfolio includes post offices, distribution centers and mail processing facilities located throughout the contiguous United States.